Points of View

Did TCS Discover a Time Portal Back into the Days of Mega-Deals?

The last few weeks have been dizzying for TCS, with headline announcements to make the entire technology services industry sit up and take notice. First, in December, it announced the biggest industry deal ever—a $2.25 billion outsourcing contract with its long-standing client Nielsen. TCS then fast-followed and topped this news last week when it announced a new agreement with Transamerica for over $2 billion, stating that this is the largest deal TCS has ever signed. Unless the service provider opened up a time portal back to the mid-2000s when mega-deals were more common, how do we as an industry explain and unpack these? Let’s take a deeper look into the nuances and implications of both of TCS’ announcements.

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